AMD (NYSE: AMD) announced today that Rajan Naik, 40, has joined the company as senior vice president and chief strategy officer. He will report to president and chief executive officer Rory Read. Naik, who was most recently a Partner in McKinsey & Company’s Technology practice will be responsible for AMD’s short-and long-term strategy development, including market opportunities, strategic partnerships and investment strategies.

“Rajan Naik possesses a strong track record of execution in strategic planning, product and market strategy, and operational performance,” Read said. “He will help ensure strategic and operational alignment across our business to take advantage of growth opportunities in lower power, emerging markets and cloud computing.”

Mr. Naik spent 11 years at McKinsey & Company, where he provided counsel to various companies in the technology and telecom industries. Prior to his tenure at McKinsey, Mr. Naik worked as a senior engineer at Intel Corporation. Prior to Intel, he was a member of the technical staff at Lucent Technologies.

Mr. Naik joins AMD following the appointment of Dr. Lisa Su as senior vice president and general manager, global business units, as well as the appointment of Mark Papermaster as senior vice president and chief technology officer.

Mr. Naik has a bachelor’s degree in engineering from Cornell University and a PhD in engineering from the Massachusetts Institute of Technology. He will be primarily based in Austin, Texas.

The only way AMD will be more competitive is to sell competitive products . Right now they have some but not as much . Also getting the word out about AMD is as easy as buying air time on the TV like Intel does . You know them commercials for Intel ? Well AMD has NONE ! Looks like another CEO for AMD .

Yup, I'll second Casecutter & jsfitz54 here. Let's just judge this guy on his merits/job performance rather than where he comes from. One thing you can be sure of: for anyone to get to this position, they're no slacker sponging off the state, regardless of their ethnic origin.

For sure some foreign guy . Not a big surprise there really . Foreign company hiring foreign workers ! AMD doesn't know how to hirer American people for an American based position .

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Ridiculous. Get a good education, work hard, get a good job. Who cares where they are from? What American people need to do is work hard, get a good education etc. and not think they are entitled to some job just because they are American. Pathetic.

Did you read?:

Mr. Naik has a bachelor’s degree in engineering from Cornell University and a PhD in engineering from the Massachusetts Institute of Technology. He will be primarily based in Austin, Texas

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Just because your ethnicity isn't one of the majorities of the country doesn't make you "some foriegner". Besides, the great thing about America is that anyone can come here and be an American.

Now that being said and getting off the topic of racism, AMD just seems to be a revolving door of employees much like McDonalds.

Yeah they come over here to get educated then take our jobs ! What a JOKE !

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Come over where? Indian's were the very first Americans in the United States. The caucasians kicked the Indians out their OWN country and took over. Just you remember that. Those Indians are more American than you. Mr Ignorant.